Many enterprises are now investing in technologies and services that enable the digital transformation (DX) of their business models, products and services. According to the latest market study by IDC, global DX spending will reach $1.18 trillion in 2019 — that’s an increase of 17.9 percent over 2018.
Eighty-two percent of Gartner’s survey respondents agreed that they had a management initiative or transformation program underway to make their companies more digital — that’s up from 62 percent in 2018.
As more CIOs and CTOs focus attention on selecting the best-fit IT infrastructure for their particular cognitive computing needs, vendors of semiconductor technologies are exploring new ways to optimize their investment in solutions at the edge of enterprise networks.
According to the Forrester outlook, a weakening global economy will cause the worldwide technology market’s growth to slow from 5% in 2018 to 3.8% by 2020. However, the U.S. market is forecast at $1.46 trillion in 2019, that’s 6.3% growth.
2019 will not be a continuation of the past. But which technology trends will matter most in the months and years ahead? Big data and AI? The cloud? Digital-only banks? The answer is critical because ignoring these trends now will make it more difficult than ever for complacent banks and credit unions to catch up.
Hybrid IT has been discussed as the future for businesses for some time, but it is clear this future is now, with most organizations already having at least some of their infrastructure deployed off-premises.
via Information Age
Information technology (IT) investment within the Europe, Middle East and Africa (EMEA) region is on track to further growth. IT spending in EMEA is forecast to reach $1 trillion in 2018 — that’s an increase of 4.9 percent from 2017, according to the latest market study by by Gartner.
Source: Digital Lifescapes